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, puerto ricans in new york and chicago, very liberal, seeing the rise of foreign born latinos and their children who tend to be more conservative. on abortion, the majority believe it should be legal compared to 40% of the rest of the population. marriage, that's shifting. it is certainly shifted in the past five years, but there's still a good chunk of that electorat that's conservative when it comes to marriage. the question is with social issues is not are you going to scare voters away? you believe that those who vote exclusively for those -- are mostly religious people who are going to vote for the candidate who has the traditional positions. nobody's not going to go against the cap date because of the position of life and marriage within the community. >> right. it's scary for me because it's a place we're not looking to the future. as a republicans, we're counting on the older ones, not how the changes. >> you'll be surprised. with the children of foreign born latinos, there's still much more conservative than the rest of the population. >> okay. we'll come back to this
that in the remarks he gave at the new york economic club recently by before thanksgiving and i think the reconciliation is that what we are learning is at least temporarily the financial crisis may have reduced somewhat the underlying potential growth rate of the u.s. economy. it is interfered with business creation and investment in tech illogical advances and so on and that can account for at least part of a somewhat slower growth. at the same time though, of course what's monetary policy influences not potential growth, not the underlying structural growth for many other different policies and things like that but monetary policy affects primarily the state of the fiscal cycle, the amount of excess unemployment for the extent of recession in the economy. there i think we have also perhaps underestimated a bit the recession, but much closer there and i think therefore that we have been able to address that somewhat more effectively with quite accommodative policies. that being said of course we have over time as we have seen disappointments in growth and job creation, obviously as
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